Elme Communities

Stage 1 · Basing · week 4

As of Oct 22, 2026, Elme Communities is in Stage 1, the basing phase, now in week 4 (since Sep 25, 2026). It closed at $1.77, 44.3% below its 52-week high and below its 200-day average, which is falling.

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. More about the company

$1.77

+0.00% today

$157M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

Basing, not in an uptrend yet

Setup score

—

Momentum

Steady

Edge

—

Is ELME early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 16w

S2 28w

S2 31w

S4 30w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S1 3w → S4 16w → S1 10w → S4 7w → S1 1w → S2 28w → S3 8w → S4 7w → S1 3w → S2 6w → S3 1w → S4 7w → S1 1w → S2 31w → S3 2w → S4 30w → S1 4w current

Total tracked: 166 weeks across 17 stage runs.

ELME among REIT - Residential17th of 20 by relative strength

All 20 →

Stocks in REIT - Residential ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	ESSEssex Property Trust, Inc.	Stage 3 · wk 6	64	+4.3%
2	UMHUMH Properties, Inc.	Stage 2 · wk 21	64	+0.3%
3	VMRKVivmark Residential	Stage 3 · wk 6	59	+5.0%
4	CPTCamden Property Trust	Stage 4 · wk 3	57	+6.3%
5	UDRUDR, Inc.	Stage 4 · wk 3	57	+7.5%
6	ELSEquity Lifestyle Properties, Inc.	Stage 4 · wk 3	55	+3.4%
7	CSRD/B/A Centerspace	Stage 4 · wk 15	55	+5.8%
8	AMHAmerican Homes 4 Rent	Stage 3 · wk 5	55	+3.1%
…17	ELMEElme Communities	Stage 1 · wk 4	32	+3.5%

vs 52W High

-44.3%

$1.35 lo$3.18 hi

44.3% below 52W high

Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.

Stage Maturity

Week 4

1w13w26w

Week 4, early base

How long this stock has been basing. Longer bases can produce stronger breakouts, but the breakout itself is the signal.

vs 200 DMA

-9.6%

200 DMA: $1.96 · sloping down

Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.

Rel Volume

0.74x

vs 50-day avg

Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.

Trend Health

↗

Short-term trend rising gently

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+3.5%

+18.8%

-16.5%

YTD

-34.2%

-31.2%

Scan Membership

Breakout Watch

Latest: 2025-03-26

6 appearances in last 60 days. First seen: 2019-04-24.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S1

Wk 4 · Vol 0.74x

2026-10-21S1

Wk 4 · Vol 1.25x

2026-10-20S1

Wk 4 · Vol 2.04x

2026-10-19S1

Wk 4 · Vol 1.94x

2026-10-16S1

Wk 4 · Vol 1.91x

2026-10-15S1

Wk 3 · Vol 0.56x

2026-10-14S1

Wk 3 · Vol 0.69x

2026-10-13S1

Wk 3 · Vol 0.89x

2026-10-12S1

Wk 3 · Vol 0.26x

2026-10-09S1

Wk 3 · Vol 1.36x

2026-10-08S1

Wk 2 · Vol 1.83x

2026-10-07S1

Wk 2 · Vol 1.93x

Moving averages & range

50 DMA

$1.70

200 DMA

$1.96

52W High

$3.18

52W Low

$1.35

5D Low

$1.76

Resistance levels (recent highs)

20d High

$1.77

60d High

$1.77

120d High

$2.18

250d High

$3.18

Next resistance

+23.2%

to 120d High

Dividend Yield

0.00%

P/B 0.2

Elme Communities: quick answers

What stage is Elme Communities in?

As of Oct 22, 2026, Elme Communities (ELME) is in Stage 1, the basing phase. It entered Stage 1 on Sep 25, 2026 and is in week 4. What the four stages mean

Is Elme Communities in an uptrend?

Not yet. Elme Communities is in Stage 1, a base that can come before an uptrend. It trades 9.6% below its 200-day average, which is falling.

How far is Elme Communities from its 52-week high?

Elme Communities closed at $1.77 on Oct 22, 2026, 44.3% below its 52-week high of $3.18. Its 52-week low is $1.35.

How has Elme Communities performed over the past year?

As of Oct 22, 2026, Elme Communities is down 31.2% over the past year and down 34.2% so far in 2026.

Which sector and industry is Elme Communities in?

Elme Communities is in the REIT - Residential industry, part of the Real Estate sector.

About this companyReal Estate· REIT - Residential

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space. Elme Communities was incorporated in 1960 in Maryland.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.